Economic & Trade Risk Insights

In its latest Global Insolvency Report, Allianz Trade reveals a more severe outlook for the global business landscape, with insolvencies projected to climb by +11% in 2024 – an even steeper rise than previously anticipated.

If you’re running a business, there are many aspects of bookkeeping and accounting that you’ll learn over time. One term you might encounter is ‘trade creditor’. But what does it mean, and how will trade creditors impact your business?

In Hong Kong, there are various SME financing and loan options available to support business growth, including large personal loans, collateral-free SME loans from banks, and government-subsidized schemes.